The naira was strengthened to 1,494.03/$ at the official window on Thursday, according to data from FMDQ Securities Exchange Limited. Similarly, an appreciation to 1,510.00/$ was recorded in the parallel market, reducing the spread between the two markets to 15.5/$. The gap between the official and parallel foreign exchange rates has been narrowing due to various policies implemented by the...

The Edo State Governorship Election Petition Tribunal has reserved judgment in the case filed by the Peoples Democratic Party (PDP) and its candidate, Dr. Asue Ighodalo, challenging the results of the September 21, 2024 governorship election. The tribunal, led by Justice Wilfred Kpochi, concluded the proceedings on Monday, March 3, 2025, after both parties adopted their final written addresses....

Speculation is growing over the health of Pope Francis as the Vatican remains unusually silent following his recent hospitalization at Gemelli Hospital in Rome. Concerns have intensified as the 87-year-old Pontiff has not made any direct public appearances or statements since his last social media message on Sunday.   Just days ago, Pope Francis shared words of gratitude on X,...

Nigeria's automotive industry has experienced remarkable growth, with several indigenous and international manufacturers establishing assembly plants within the country. This development has bolstered the nation's economy and provided consumers with a variety of locally manufactured vehicles. Below is a list of notable car brands produced in Nigeria, along with their founders: 1. Innoson...

A passenger found with stolen items on an Air Peace flight from Lagos to Port Harcourt has been arrested and blacklisted by the airline.   In a statement on Thursday, Air Peace’s Head of Corporate Communications, Ejike Ndiulo, confirmed that the missing items were discovered in the passenger’s possession after a thorough search at Port Harcourt International...